FCX director granted 2,800 RSUs in stock award

Lance Ryan Michael reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Lance Ryan Michael reported acquisition or exercise transactions in this Form 4 filing.

FREEPORT-MCMORAN INC director Ryan Michael Lance reported an equity award in the form of 2,800 shares of common stock restricted stock units (RSUs). The award was granted at no cash cost per share and increased his directly held common stock position to 23,200 shares.

The filing also shows indirect holdings in various family-related trusts, including 145 shares held with his spouse as trustee of a child’s trust, 145 shares held as trustee of another child’s trust, and 32,132 shares held through the Lance Family Trust. Beneficial ownership following the award includes 6,300 RSUs.

Insider Trade Summary

Grant/Award: 2,800 shares

Grant/Award 4 txns

Insider Lance Ryan Michael

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,800	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 23,200 shares (Direct); Common Stock — 32,132 shares (Indirect, By Lance Family Trust); Common Stock — 145 shares (Indirect, As Trustee of Child's Trust); Common Stock — 145 shares (Indirect, By Spouse as Trustee of Child's Trust)

Footnotes (2)

1. F1. Represents a grant of Common Stock Restricted Stock Units ("RSUs").
2. F2. Amount beneficially owned following the reported transaction includes 6,300 RSUs.

Key Figures

RSU grant: 2,800 shares Direct holdings after grant: 23,200 shares Child’s trust (spouse as trustee): 145 shares +3 more

6 metrics

RSU grant 2,800 shares Common Stock RSUs granted to director

Direct holdings after grant 23,200 shares Common Stock held directly following reported transaction

Child’s trust (spouse as trustee) 145 shares Indirect ownership by spouse as trustee of child’s trust

Child’s trust (director as trustee) 145 shares Indirect ownership as trustee of child’s trust

Lance Family Trust holdings 32,132 shares Indirect ownership by Lance Family Trust

Beneficially owned RSUs 6,300 RSUs RSUs included in beneficial ownership after transaction

Key Terms

Restricted Stock Units, RSUs, beneficially owned, indirect ownership, +1 more

5 terms

Restricted Stock Units financial

"Represents a grant of Common Stock Restricted Stock Units ("RSUs")."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"Amount beneficially owned following the reported transaction includes 6,300 RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

beneficially owned financial

"Amount beneficially owned following the reported transaction includes 6,300 RSUs."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

indirect ownership financial

"ownership_type: "indirect", ownership_code: "I" for several trust holdings"

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FCX director Ryan Michael Lance report?

Ryan Michael Lance reported receiving an equity award of 2,800 Freeport-McMoRan common stock RSUs. These restricted stock units were granted at no cash cost per share and are part of his compensation, increasing his directly held common stock position disclosed in the filing.

How many Freeport-McMoRan (FCX) shares does Ryan Michael Lance hold directly after this Form 4?

After the reported grant, Ryan Michael Lance holds 23,200 shares of Freeport-McMoRan common stock directly. This direct holding excludes additional indirect positions in family-related trusts and includes a portion represented by restricted stock units noted within his beneficial ownership.

What are the details of the 2,800 RSUs reported by FCX director Ryan Michael Lance?

The Form 4 states that 2,800 restricted stock units (RSUs) tied to Freeport-McMoRan common stock were granted. The grant price is listed as $0.0000 per share, confirming it as a compensation award rather than an open-market purchase, and expands his reported equity stake.

What indirect Freeport-McMoRan (FCX) holdings does Ryan Michael Lance report in this filing?

The filing lists indirect ownership of 145 shares held by his spouse as trustee of a child’s trust, 145 shares held as trustee of another child’s trust, and 32,132 shares held by the Lance Family Trust. These positions supplement his directly held shares.

How many RSUs are included in Ryan Michael Lance’s beneficial ownership of FCX shares?

A footnote explains that his beneficially owned position after the reported transaction includes 6,300 restricted stock units. These RSUs represent a right to receive Freeport-McMoRan common shares in the future, subject to the applicable vesting and award terms set by the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/02/2026 - 05:35 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lance Ryan Michael

(Last) (First) (Middle)

4340 E. COTTON CENTER BLVD.

SUITE 110

(Street)

PHOENIX ARIZONA 85040

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FREEPORT-MCMORAN INC [ FCX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026		A(1)		2,800	A	$0	23,200(2)	D
Common Stock								32,132	I	By Lance Family Trust
Common Stock								145	I	As Trustee of Child's Trust
Common Stock								145	I	By Spouse as Trustee of Child's Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of Common Stock Restricted Stock Units ("RSUs").

2. Amount beneficially owned following the reported transaction includes 6,300 RSUs.

Remarks:

	Kelly C. Simoneaux, on behalf of Ryan M. Lance, pursuant to a power of attorney	06/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)